• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

XRP Price Is Maintaining This Multi-Year Trendline, But A Crash Could Be Looming

March 21, 2026
in Bitcoin
Reading Time: 3min read
0 0
A A
0
Where’s XRP Price Headed As Exchange Reserves Plunge To 1.7 Billion?
0
SHARES
4
VIEWS
ShareShareShareShareShare

Following the recent market trend, the XRP price has maintained its hold on an important trendline over the years. This trendline leans bullish, and as long as the cryptocurrency holds above it, the likelihood of a recovery remains high. However, a break below this multi-year trendline could signal doom, with crypto analyst CrypFlow forecasting how low the digital asset could go before eventually finding a bottom.

Bears Threaten XRP’s Multi-Year Trendline

According to crypto analyst CrypFlow, the XRP multi-year trendline that began back in the year 2017 is currently still in play. In fact, with the price trading well above the $1.2 level, it continues to hold up well. So far, this has suggested that bulls still have some strength left, and this trendline has been a beacon.

Related Reading

From here on out, the XRP price would only need to actually complete a breakout to maintain its uptrend. This breakout would not only need to happen, but it would need to do so with momentum. As CrypFlow explains, for momentum to follow, the XRP price needs to do two things.

The first of these is that the XRP price needs to break out of the descending resistance. This descending resistance had begun back in 2025, continuing on into 2026. As long as this resistance remains, the price remains bearish. But a break towards $2 invalidates it.

Next on the list is that the XRP RSI downtrend needs to be broken as well. A breakout above $2 will complete this, ensuring that there is enough momentum for the cryptocurrency to follow. Such a move, the crypto analyst believes, would send the XRP price toward its 2018 highs of $3.8.

Source: X

However, in the case that the bulls are unable to complete a breakout within moments, then the bears could take control once again. Such a scenario would see the price lose its multi-year trend and eventually fall below $1.

Related Reading: Analyst Says Bitcoin Price Is Showing Dangerous Weakness, Here’s Why

Once this happens, then there is little cushion left for the cryptocurrency. As the price falls, the analyst highlights what they call the ‘discount zone,’ where XRP would be seemingly cheap to buy, and this lies around the $0.6-$0.8 level. Nevertheless, once the decline is over, the price is expected to rebound again.

XRP price chart from TradingView.com
Price struggles amid market downturn | Source: XRPUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Market Not Ready For Expansion Yet — Blockchain Firm

Next Post

The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

Next Post
The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

You might also like

Trump-Linked Miner ABTC Boosts Hash Power as Stock Jumps Despite Losses

Trump-Linked Miner ABTC Boosts Hash Power as Stock Jumps Despite Losses

April 23, 2026
Brazil Cracks Down on Prediction Markets, Bans 27 Platforms Including Kalshi and Polymarket

Brazil Cracks Down on Prediction Markets, Bans 27 Platforms Including Kalshi and Polymarket

April 27, 2026
Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Faring In Terms Of Profit?

Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Faring In Terms Of Profit?

April 24, 2026
Dogecoin Price Recovery Sends OI Above $1.2 Billion, But Is It Sustainable?

Dogecoin Price Recovery Sends OI Above $1.2 Billion, But Is It Sustainable?

April 24, 2026
Solana Price Just Broke a Months-Long Descending Trendline: Are $120 Targets Finally Back on the Table?

Solana Price Just Broke a Months-Long Descending Trendline: Are $120 Targets Finally Back on the Table?

April 24, 2026
Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout Move

Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout Move

April 21, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Why A Surge to $3,400 Could Be The Beginning

Why A Surge to $3,400 Could Be The Beginning

April 27, 2026
XRP $10 By 2027? Top Expert Flags Two Must-Happen Catalysts For A Bull Run

XRP $10 By 2027? Top Expert Flags Two Must-Happen Catalysts For A Bull Run

April 27, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.